Can I retire at age 45 with 800,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$66,063$65,475$64,901$64,340$63,793$61,776
2 years$32,705$32,095$31,505$30,933$30,378$28,364
3 years$21,586$20,975$20,386$19,819$19,273$17,325
4 years$16,029$15,419$14,836$14,278$13,746$11,879
5 years$12,695$12,088$11,513$10,967$10,449$8,669
6 years$10,473$9,871$9,304$8,771$8,268$6,576
7 years$8,886$8,290$7,732$7,211$6,724$5,120
8 years$7,697$7,106$6,557$6,049$5,578$4,060
9 years$6,773$6,187$5,648$5,152$4,698$3,265
10 years$6,033$5,453$4,924$4,441$4,003$2,652
11 years$5,429$4,855$4,335$3,865$3,442$2,172
12 years$4,926$4,357$3,847$3,390$2,983$1,791
13 years$4,500$3,938$3,437$2,993$2,601$1,484
14 years$4,136$3,579$3,088$2,657$2,280$1,234
15 years$3,820$3,270$2,788$2,370$2,008$1,030
16 years$3,544$3,000$2,528$2,122$1,775$862
17 years$3,301$2,763$2,300$1,906$1,573$724
18 years$3,085$2,553$2,100$1,718$1,399$608
19 years$2,892$2,366$1,922$1,552$1,247$512
20 years$2,719$2,199$1,764$1,406$1,114$432
21 years$2,562$2,048$1,623$1,276$997$364
22 years$2,420$1,912$1,496$1,160$893$308
23 years$2,290$1,788$1,381$1,057$802$260
24 years$2,172$1,675$1,277$964$721$220
25 years$2,063$1,572$1,183$880$649$186
26 years$1,962$1,478$1,097$805$584$158
27 years$1,869$1,391$1,019$737$527$134
28 years$1,783$1,310$947$675$475$113
29 years$1,703$1,236$881$619$429$96
30 years$1,628$1,167$821$568$388$81
31 years$1,559$1,104$765$522$351$69
32 years$1,494$1,044$714$479$317$58
33 years$1,433$989$667$441$287$50
34 years$1,375$937$623$406$260$42
35 years$1,321$889$582$373$235$36
36 years$1,271$844$545$344$213$30
37 years$1,223$801$510$317$193$26
38 years$1,177$762$478$292$175$22
39 years$1,134$724$447$269$159$19
40 years$1,094$689$419$248$144$16
41 years$1,055$656$393$229$131$13
42 years$1,019$625$369$211$119$11
43 years$984$595$346$195$108$10
44 years$951$567$325$180$98$8
45 years$919$541$305$166$89$7
46 years$889$516$287$154$81$6
47 years$860$492$269$142$73$5
48 years$833$470$253$131$66$4
49 years$806$449$238$121$60$4
50 years$781$429$224$112$55$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $800,000, adding $5,419 every year, while hoping to spend $45,831 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 38/36/26 Blend
44$800,000$800,000$800,000$800,000
45$887,190$844,790$832,390$913,853
46$928,919$837,421$811,511$926,474
47$973,369$828,154$788,397$935,477
48$1,020,768$816,850$762,924$944,315
49$1,071,368$803,356$734,963$953,002
50$1,125,443$787,516$704,380$961,556
51$1,183,295$769,161$671,033$970,003
52$1,245,254$748,113$634,775$978,375
53$1,311,682$724,183$595,453$986,709
54$1,382,978$697,172$552,905$995,056
55$1,459,577$666,869$506,962$1,003,472
56$1,541,959$633,050$457,450$1,012,027
57$1,630,649$595,480$404,185$1,020,802
58$1,726,225$553,908$346,975$1,029,894
59$1,829,320$508,071$285,620$1,039,415
60$1,940,633$457,688$219,910$1,049,494
61$2,060,929$402,466$149,628$1,060,284
62$2,191,049$342,092$74,546$1,071,957
63$2,331,918$276,236$0$1,084,713
64$2,484,553$204,551$0$1,100,327
65$2,650,072$126,670$0$1,139,682
66$2,829,705$42,202$0$1,182,444
67$3,024,805$0$0$1,229,022
68$3,236,859$0$0$1,299,391
69$3,467,503$0$0$1,394,209
70$3,718,539$0$0$1,497,511
71$3,991,946$0$0$1,610,123
72$4,289,905$0$0$1,732,958
73$4,614,817$0$0$1,867,018
74$4,969,320$0$0$2,013,408
75$5,356,322$0$0$2,173,341
76$5,779,022$0$0$2,348,156
77$6,240,943$0$0$2,539,326
78$6,745,962$0$0$2,748,473
79$7,298,350$0$0$2,977,382
80$7,902,806$0$0$3,228,020
81$8,564,508$0$0$3,502,551
82$9,289,155$0$0$3,803,361
83$10,083,024$0$0$4,133,075
84$10,953,030$0$0$4,494,585
85$11,906,784$0$0$4,891,078
86$12,952,672$0$0$5,326,062
87$14,099,930$0$0$5,803,400
88$15,358,730$0$0$6,327,351
89$16,740,276$0$0$6,902,603
90$18,256,912$0$0$7,534,321
91$19,922,231$0$0$8,228,196
92$21,751,212$0$0$8,990,495
93$23,760,351$0$0$9,828,124
94$25,967,823$0$0$10,748,690
95$28,393,652$0$0$11,760,573
96$31,059,893$0$0$12,873,008
97$33,990,849$0$0$14,096,165
98$37,213,293$0$0$15,441,254
99$40,756,720$0$0$16,920,620
100$44,653,628$0$0$18,547,869